Industry Insights

Industry Insights

Latest coverage, analysis and business news from Tampa Bay Business and Wealth.

Bridgeport Center, in Tampa, sells for $40 million

Cushman & Wakefield, a real estate services firm, in Tampa, has arranged the $40 million sale of Bridgeport Center, a nine-story and 180,257-square-foot office building, in Tampa’s Westshore submarket. The office building was sold by an undisclosed seller and acquired by NAI/Merin Hunter Codman, according to a statement. Bridgeport Center is a Class A office … Read more

Economic Development 2023: The business of tourism

In 2022, Hillsborough County tourist development tax numbers (also known as the “bed tax,” which is a fee collected by the county for each night someone rents a hotel room) broke records as November totaled $5.76 million, a 46.2% increase over the previous November. This was the best in the county’s history, according to the … Read more

Rich Man, Poor Man: A Tale of Two Athletes

By Michael Carr  The numbers are overwhelming. Currently, the average Major League Baseball, National Football League and National Basketball Association players’ salaries range from $3.26 million to $8.32 million, annually. The average career is 2.7 years for a MLB player, 2.5 years for an NFL player and 4.5 years for an NBA player. Yet, we … Read more

Rise Up is expanding its mission in business

Tampa Bay area native Kristen Bracey discovered her life’s vocation while earning her master’s degree in social justice and human rights at Arizona State University. Working in ASU’s office of sex trafficking intervention research, Bracey had the opportunity to take part in a court-mandated diversionary program supported by Catholic Charities.   For six years, Bracey … Read more

Habitat for Humanity of Pinellas and West Pasco kicks off CEO Build week

Community leaders, from organizations in the Tampa Bay area, are working together to build a home for a local family, in the Lealman community, in St. Petersburg. This week, Habitat for Humanity of Pinellas and West Pasco Counties launched its second annual CEO Build, led by honorary Chairs Bill Brand, chief executive officer of Rue21 … Read more

Trepp Developments enters Tampa Bay market with Sota Hotel & Residences (RENDERINGS)

Trepp Developments President Rodrigo Trepp has expanded from South America to Florida’s West Coast with the development of Sota Hotel & Residences, a mixed-use project in downtown Sarasota. “My vision for our new Sarasota headquarters begins with the creation of the SOTA Hotel & Residences, which will be our first Trepp Developments project,” says Rodrigo … Read more